The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”; Pub. L. 116-136) apportions $349 billion to the “Paycheck Protection Program” (the “Program”) which authorizes small business loans guaranteed by the Small Business Administration (“SBA”) under Section 7(a) of the Small Business Act which can then be forgiven if certain conditions […]
Covid-19 Information Hub
Cares Act And Interim Final Rules–continued Focus On Telehealth To Relieve Burdens On Providers
This is one of a series of articles on the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) signed into law on March 27, 2020 (Pub. L. 116-136). The CARES Act took another step forward in easing the burdens on providers and helping stop the spread of COVID-19 with several […]
Cares Act – Protections For Volunteer Health Care Professionals
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”; Pub. L. 116-136) creates a broad limitation on liability for health care professionals volunteering to assist with the COVID-19 response. Specifically, while the public health emergency declared by the Secretary of Health and Human Services remains in effect, volunteer health care […]
Additional Guidance On Paycheck Protection Program
On April 2, 2020, the U.S. Treasury and Small Business Administration released additional guidance regarding the Paycheck Protection Program (the “PPP”) established under the CARES Act, including the issuance of an interim final rule (“IFR”). For our earlier articles summarizing the PPP, please visit the Baird Holm COVID-19 Hub. New […]
Eliminating Checks – How Payments Companies Can Make Your Business More Efficient During The COVID-19 Crisis
Among the myriad challenges facing all levels of government and business during the coronavirus crisis is how best to get money to those who need it in as fast and efficient a manner as possible. Employers, local and state governments, charities, and other businesses addressing this pressing need are finding […]